Category Archives: Office

Common real estate pitfalls energy companies should avoid (Part 2)

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Feb. 8, 2018

By: Bruce Rutherford, International Director, JLL Global Energy Practice Group

This is the second in a three-part series examining common real estate pitfalls energy companies should avoid. JLL’s Global Energy Practice Group will share market insights and real estate expertise with energy companies at the 2018 NAPE Summit, Feb. 8-9, in Houston. Visit us at booth 3111.

Common real estate pitfall #1. 

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Common real estate pitfalls energy companies should avoid (Part 1)

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Feb. 7, 2018

By: Bruce Rutherford, International Director, JLL Global Energy Practice Group

This is the first in a three-part series examining common real estate pitfalls energy companies should avoid. JLL’s Global Energy Practice Group will share market insights and real estate expertise with energy companies at the 2018 NAPE Summit, Feb. 8-9, in Houston. Visit us at booth 3111.

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Heightened subleasing activity not enough to counter supply overhang in 2017

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Jan. 2, 2018

By: Ronnie Deyo, executive vice president and office team lead, JLL Houston

A record amount of sublease leasing activity was not enough to balance supply-heavy market conditions in 2017.

At 2.8 million square feet, subleasing activity increased by 46.5 percent over 2016’s total and accounted for nearly one-fourth of all leasing activity… Read More

How to know if coworking is right for your company

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Nov. 28, 2017

Coworking presents a solution to a variety of workplace challenges, offering a pay-as-you-go alternative to traditional office space. Typically thought of as a place for budding start-ups, coworking can help solve common business challenges regardless of where a company is in its life cycle.

Below we explore both the advantages and… Read More

Categories: Office.

The latest on O&G’s impact on Houston commercial property

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Nov. 8, 2017

Contrary to the market as a whole, construction activity is increasing in the southeast industrial submarket in anticipation of petrochemical plants coming online in 2018.

Energy-related employment reached an inflection point in 2017, with office positions increasing despite the low-price environment. In Houston, energy employment increased… Read More

Law firms still want that CBD cachet

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Nov. 3, 2017

Law firms have been driving the preleasing of Houston’s newest developments and capitalizing on excess space released by energy tenants, particularly in the city’s CBD.

Long consumers of Houston’s highest quality space, the red hot competition for talent has made securing the best space top of mind for many firms. But… Read More

A comprehensive review of Hurricane Harvey’s impact on commercial property

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Oct. 12, 2017

hurricane harvey's impact

Hurricane Harvey made landfall as a Category 4 storm, August 25, 2017, northeast of Corpus Christi, Texas. The slow moving system was quickly downgraded to a tropical storm but would eventually dump an estimated 19 trillion gallons of water onto Southeast Texas. Harvey wreaked havoc on… Read More

Investors look to Houston despite continued slowdown

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Oct. 2, 2017

By: Ronnie Deyo, executive vice president and office team lead, JLL Houston

total vacancyDespite Hurricane Harvey’s widespread devastation, Houston’s office properties fared relatively well, with less than 60 office buildings reporting damage from the storm. As a result, the office market, by-and-large, stayed its course through the close of… Read More

Houston’s CBD overtakes Energy Corridor for most sublease space in the US

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August 23, 2017

Houston's CBD

Houston’s CBD has surpassed the Energy Corridor for most sublease space in the market, and subsequently, the U.S.

Following Enbridge’s 294,000-square-foot addition to the sublease market, total sublease inventory in the CBD sits at more than 2.5 million square feet or 23 percent of the indirect market.

The addition also… Read More